Form 4: Stock Yards Bancorp Director David Heintzman Reports Share Transactions

David Heintzman, a director at Stock Yards Bancorp, reported multiple transactions involving the company's common stock and stock appreciation rights on November 25, 2024.

Summary

• Director David Heintzman of Stock Yards Bancorp reported several transactions on November 25, 2024.
• These transactions included the acquisition of 12,883 shares of common stock through a stock appreciation right at a price of $35.90.
• He also disposed of 9,122 shares at $77.42 and 3,500 shares at $78.0994.
• Following these transactions, Mr. Heintzman directly owns 21,411 shares and indirectly owns 87,070 shares through a family gift trust.
• Additionally, he holds stock appreciation rights for 12,883 shares.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing of insider transactions, which is neither positive nor negative in itself. It reflects normal activity.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting their transactions in company stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for all publicly traded companies in the US, ensuring transparency of insider trading.
• The transactions reported by David Heintzman are typical for directors who may receive stock options or grants as part of their compensation.
• Similar filings can be seen from directors of comparable regional banks such as First Financial Bancorp (FFBC) and Old National Bancorp (ONB).

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the trading activity of a company director.
• The transactions do not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Stock Yards Bancorp, SYBT, David Heintzman, stock transactions, Form 4, insider trading, stock appreciation rights, director